Tag: Mandi scrap index prices

India: SteelMint benchmark scrap index falls tracking decline in semis prices

Jun 25, 2022

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by

Kamal Gohil

in Melting Scrap

SteelMint’s domestic steel scrap (end-cutting) index has fallen by INR 300/t to INR 44,700/tonne (t) DAP Mandi Gobindgarh on 25 June 2022. Light melting scrap (LMS) prices are assessed at INR 39,900/t, HMS 80:20 at INR 42,600/t and CR busheling scrap at INR 46,500/t. Ingots prices in Mandi witnessed a downward correction of INR 300/t…